803 Madison StSilvertonOR97381
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Silverton at 803 Madison St, Silverton, OR, 97381 priced at $454,000 converts $2,669/mo rent into after a $2,222/mo obligation. Total monthly income equals $2,669/mo. Return on cash invested prints 19.34% in year one, and rental yield reads 7.05% against a $454,000 entry. Equity gained on principal adds $2,930/yr, while 5% annual appreciation compiles into $125,432 by year five. Five-year ROI reaches 99.59% and total cumulative return in cash sums $149,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,669/mo property income covering a $2,222/mo payment, not borrower’s personal income.
Single Family
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Housing Distribution
Address Breakdown
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
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Nearby investment properties with comparable prices
Listed by: SHEILA SITZMAN • Harcourts Silverton
Mls Name: WVMLS
Mls Provider:
Mls ID: #829956
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.